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Bajaj Finserv has announced its entry into India’s reinsurance sector, with its board approving the move subject to approval from the Insurance Regulatory and Development Authority of India (IRDAI). The development makes Bajaj Finserv the third private-sector player in nearly a year to announce plans to enter the domestic reinsurance market, which has traditionally been dominated by state-owned General Insurance Corporation of India (GIC Re). The move comes amid growing interest in India’s reinsurance industry, driven by rising insurance demand, regulatory reforms, economic expansion and efforts to strengthen domestic risk management capacity. In March 2025, Valueattics Re became the first…

Tata Motors reported a robust 58.7 percent year-on-year expansion in total passenger vehicle sales for July 2026, dispatching 63,760 units (domestic and exports combined) compared to 40,175 units in July 2025. Domestic passenger vehicle sales rose 58.4 percent to reach 62,611 units, supported by strong demand across the automaker's internal combustion engine and SUV portfolios. A major operational highlight for the month was the performance of the electric vehicle (EV) division, which crossed 15,000 monthly wholesales for the first time in company history. Tata Motors dispatched 15,217 electric vehicles in July, marking a 113.6 percent year-on-year surge from 7,124 units…

ABD Maestro Pvt. Ltd., the luxury and super-premium spirits arm of Allied Blenders & Distillers Limited (ABD), has advanced its nationwide bartending platform, Bar Maestro, to Round 2 after receiving more than 350 entries from seven cities, highlighting the growing momentum of India's premium cocktail culture. Organised in partnership with the Tulleeho Beverage Academy, the competition has shortlisted 160 bartenders whose original highball cocktails, crafted using WOODBURNS Contemporary Indian Whisky, will now compete for a place in the national finals. The campaign has also generated strong consumer engagement, recording over 7.6 million views on Instagram. Kolkata emerged as a standout…

The National Payments Corporation of India (NPCI) has launched a public awareness initiative urging citizens to stay vigilant against text message scams, warning that fraudsters are increasingly exploiting trust, fear and urgency to target users of digital payment platforms. As India advances towards a digital-first economy, NPCI said awareness remains one of the strongest safeguards against financial fraud. According to NPCI, fraudulent SMS messages are designed to trick users into compromising their money, personal information or digital accounts by impersonating banks, government agencies, telecom operators, delivery companies or other trusted organisations. Scammers commonly attempt to persuade users to click fake…